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you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...
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we have $1.1 trillion deficit and that was an improvement. >>neil: the argument is, it is chump change. but you add them up, it adds up. >>guest: i do watch pbs a lot, sometimes i listen to npr but people would listen to it and watch it and like the programming, they should pay if it. talk about children's programming. it used to be "sesame" was the only game in town, the most successful program in the history of tv. now this are hundreds of programs like "sesame street" on pay for profit television. my feeling is, if people like warren buffett and people like ted turner feel this is such an important programming, why shouldn't they pay for it? >>neil: the issue here, you know, is what we spending and where we cut back on spending. the argument the liberals give you, maybe we just charge more for what we are spending money on. that gets back to more government, less government, pay month for that government, pay less for that government, and that is the debate. >>guest: pbs is a good example. if it is as valuable as people say, the world woul
we have $1.1 trillion deficit and that was an improvement. >>neil: the argument is, it is chump change. but you add them up, it adds up. >>guest: i do watch pbs a lot, sometimes i listen to npr but people would listen to it and watch it and like the programming, they should pay if it. talk about children's programming. it used to be "sesame" was the only game in town, the most successful program in the history of tv. now this are hundreds of programs like "sesame...
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we have a $1 trillion deficit! >> holding steady. >> bill: said a -- >> we had a surplus under clinton. >> bill: no, no, no, no. the debt wasn't xed out. you're mixing up the deficit with the debt. no, no, no, you're missing the deficit with the debt is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two personalities such as yourselves who are almost polar opposites politically, share a willingness to come together when congress can't? what advice would you give congress? [ applause ] [ laughter ] >> bill: what would you like for christmas, little boy? [ laughter ] get
we have a $1 trillion deficit! >> holding steady. >> bill: said a -- >> we had a surplus under clinton. >> bill: no, no, no, no. the debt wasn't xed out. you're mixing up the deficit with the debt. no, no, no, you're missing the deficit with the debt is yearly spending. the debt is cumulative. the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing,...
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who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have been there and we have tried that. we are not going back, we are moving for. that's why i'm running for a second term as president of the united states. -- we are moving forward. [cheers and applause] we've got a different view about how to create jobs and prosperity in america. a strong economy does not trickled down from the top. it grows from a thriving
who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut...
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as you know, look, we face a growing deficit and debt problem in this country that mitt romney has vowed to fix. while he's not specific about the measures, that all changed at last week's presidential debate >> i'm sorry, jim, i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you too but i'm not going to keep on spending money on things to borrow money from china to pay for it >> jon: pack your tote bags and ride the high cultured train back to cancel town. you can take your invisible elephant friend with you, you eight-foot tall yellow feathered freak. who fires big bird? look, after the initial elation of getting a specific... settle down. after getting a specific from one of mr. romney's plans which felt very good came the realization that this move to cut sesame street might not do that much to address the $16 trillion debt. well, you couldn't be more wrong. >> the numbers are truly troubling >> it turns that our out of control spending includes roughly $450 million given every year to the corporation for public broadc
as you know, look, we face a growing deficit and debt problem in this country that mitt romney has vowed to fix. while he's not specific about the measures, that all changed at last week's presidential debate >> i'm sorry, jim, i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you too but i'm not going to keep on spending money on things to borrow money from china to pay for it >> jon: pack your tote bags and ride the...
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you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was spontaneous with mortars and rocket-propelled grenades. it had nothing to do with america and the anniversary of 9/11. it was all based on a movie trailer. all of this story is unraveling. i would think, as a reporter, i am not a reporter, you are known to be a great reporter. this would be a gold mine. why are your colleagues in the media ignoring it? >> well, actually, some very strong stories have been done -- in the washington post -- they have. there is more to be done. clearly there is a disconnect -- i just want to correct one thing about what i say in the book about obama. i don't
you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was...
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going after what has been the biggest driver of our debt and deficit over the last decade. public television. pbs. >> these are tough times with big issues so scrooch your head talking about big bird. >> bret: my tw two-and-a-half-year-old is excited about. this i don't know how many people are that big bird is in the news. he is. all over the news. the big news today perhaps the polls, gasolineup will poll today is now likely voters. they transitioned from registered voters to likely voters. that is a difference. we talk about it before. romney two-point lead. margin of error is tied. first time in a year, real clear politic average, he has the lead in the average of recent polls. what about this? the panel, jonah goldberg, from national review online. kirsten powers for daily beast. syndicated columnist charles krauthammer. charles, today's developments and well, big bird. >> democrats are actually running an ad showing big bird and contracting it with the bad guys on wall street. >> let's just play it. might as well. >> i'm just a prop here. >> bret: right. you're teeing
going after what has been the biggest driver of our debt and deficit over the last decade. public television. pbs. >> these are tough times with big issues so scrooch your head talking about big bird. >> bret: my tw two-and-a-half-year-old is excited about. this i don't know how many people are that big bird is in the news. he is. all over the news. the big news today perhaps the polls, gasolineup will poll today is now likely voters. they transitioned from registered voters to...
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deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36
deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think...
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especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for the cable, all right. let him compete on his own! come on. >> bill o'reilly is identified $130 million from npr because npr should be able to compete on its own. >> bill: correct. >> bill: to be clear, national public radio, npr, is part, just part of the public broadcasting umbrella in which again it's receiving close to $450 million this year alone. assisting governor romney's weak points, president obama apparently thinks he has an opportunity with this controversy. >> finally somebody is cracking down on big bird. elmo has been seen in a white suburban, he's driving for the border. governo
especially facing a trillion dollars budget deficit and a $16 trillion national debt. jon stewart and i debated the issue on saturday. >> the reason that we invest in things like public television is that it brings educational programs to communities that would not have them. it's one of the best investments we ever made in the country. >> bill: $16 trillion and we got to pay for bill moyer. let him compete on his own. you want educational programs, watch your program! spring for...
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our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more importa
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is probably one of the most quoted clips. >> mitt romney sharing his desire to cut funding for pbs and its beloved character, big bird, of course. the obama campaign is out with a new tv ad going out with the line. >> gluttons of greed and the even genius who towered over them. one man has the guts to speak his name. >> big bird, big third, big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it'ses is me street. >> i'm going to stop the subsidy to pbs. >> reporter: mitt romney taking on the enemies no matter what is next. >> and theysh
. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is...
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income, what governor rom no is proposing is closing loopholes and dedux for those individuals that will ultimately make the entire budget revenue neutral. >> shannon: when will we find out what they are? >> when a budget is put together, when the budget committee puts forward a budget, they don't put forward a budget with every loophole and deduction and every single -- they have a couple of numbers, they say here's the top number, here's the bottom number. you go to the ways & means committee and i sit down with a burch of people and i figure out how to get a tax cut across the board and close the loopholes so th
talked about a plan that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income,...
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social security hasn't contributed one nickel to the deficit, can pay out benefits for the next 20 years. the president should be saying now what he said four years ago. he is not going to cut social security while romney and ryan certainly are. >> would you blame the president himself or his aides and advisers who were supposedly preparing him for this first debate? >> wolf, all of us in public life like to blame our staff when things go bad, but you know what, at the end of the day, it's the president, it's a united states senator, it's a congress person. we've got to take responsibility. the president should have got in there swinging, differentiating what a progressive policy position is as opposed to an extreme right wing one. put romney on the defensive. how dire you give tax breaks to the richest people in this country while we have the most unfair distribution of wealth and income. how dare you throw children off of medicaid when we've got 50 million people without any health insurance today. put him on the defensive instead of saying oh, i agree with you on this. i agree with yo
social security hasn't contributed one nickel to the deficit, can pay out benefits for the next 20 years. the president should be saying now what he said four years ago. he is not going to cut social security while romney and ryan certainly are. >> would you blame the president himself or his aides and advisers who were supposedly preparing him for this first debate? >> wolf, all of us in public life like to blame our staff when things go bad, but you know what, at the end of the...
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if you just extended the bush tax cuts it would add a trillion dollars to our deficit. why? mcmitt romney is looking out for the rich speaking of which, how about the iraq war? mitt romney was in favor of it, the entire republican party. how much did that cost? is this estimates have it as high as $5 trillion. and you're talking to me about big bird? you're talking to me about big bird? $22 million you want to cut and your dumb ass war cost $5 trillion. your tax cuts for sheldon adelson cost $2 billion. i'm not having the conversation about big bird and cutting down his nest until we talk to the other guys first. on the essence of that, the obama campaign is right. >> when we come back, the republicans are so loathesome they've now got a lobby to make sure that we are not protected from cancer. >> we have 15 homes in this area and maybe 11 people have died or more with cancer. >> the koch brothers are killing me and my family. >> and how are they buying politicians to do it? you'll find out in the next segment. and then, the romney girls. they found women in favor of romney.
if you just extended the bush tax cuts it would add a trillion dollars to our deficit. why? mcmitt romney is looking out for the rich speaking of which, how about the iraq war? mitt romney was in favor of it, the entire republican party. how much did that cost? is this estimates have it as high as $5 trillion. and you're talking to me about big bird? you're talking to me about big bird? $22 million you want to cut and your dumb ass war cost $5 trillion. your tax cuts for sheldon adelson cost $2...
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think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing with things that are controversialal that can be demagog, it's terribly important to start off with both a republican and a democrat on board who are willing to stay the course against often times opposition in your party. >> you're running against one of those spending cuts republicans who really wants to slash the budge fet, but is a beneficiary herself of the agriculture programs which was one of the biggest programs in nebraska. >> well, that's true. what i'm saying in this one is that the simple slogan balancing budget through a constitutional amendment isn't going to get the job done. it's going to take
think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing...
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who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our investments on education, clean energy, research, technology. that is not a plan to grow the economy. that is not change. we have been there. we have tried that. we are not going back. we are moving forward. that is why i am running for a second term as president of the united states. [applause] look -- we have got a different view about how you bring jobs and prosperity to america. the strong economy does not trickle down from the top. it grows from a thriving middle- class, and folks working hard to get into the middle-class. i think it is time our tax code stopped rewarding
who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our...
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in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. schoole world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higr level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. >>> welcome back. thanks for watching tonight. good news for the country means republicans are
in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. schoole world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their...
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in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one
in mitt's plan to cut funding to pbs, would be a drop in the bucket in terms of the deficit but would have a major impact on educational television in america. former reading rainbow host lavar burton will join me tonight. looking forward to that. share your thoughts with us on twitter and on facebook using the hash tag ed show. we're coming right back. interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com....